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457 Catch Up eligibility with regard to 401(k) contributions

Guest BonnieL

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Guest BonnieL

When calculating eligibility for catch up in the 457 plan, how would one count contributions to a 401(k) plan during the 457 under deferred years?

We have both plans available to our employees - the participant has not deferred any compensation to the 457 in the last 3 years, but maxed out in the 401(k). Can I count those last three years as under-deferrals to make her eligible for the maximum 457 catchup?

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